Donate to Remove ads

Got a credit card? use our Credit Card & Finance Calculators

Thanks to johnstevens77,Bhoddhisatva,scotia,Anonymous,Cornytiv34, for Donating to support the site

Entrepreneur thinking

Laughter is the best medicine, find and post jokes. nothing too saucy please, Dad jokes, Current news jokes..
Forum rules
Material posted here that is disparaging towards any group on the basis of race, faith, nationality, gender, disability or sexual orientation will be deleted and any poster of such material risks suspension.
brightncheerful
Lemon Quarter
Posts: 2210
Joined: November 4th, 2016, 4:00 pm
Has thanked: 424 times
Been thanked: 800 times

Entrepreneur thinking

#415856

Postby brightncheerful » May 28th, 2021, 2:57 pm

During the war and for some years afterwards there was rationing of many things often including 'special offers' to be had by knowledgeable job lot traders.

One such person (A) would buy job lots of practically anything then sell to his trader customers (B) who would then sell on the items in smaller parcels to their own customers, actual market traders (C).

One day A bought over 200 wooden boxes each containing 144 tins (a gross) of sardines, at the equivalent price of 1p per tin. A then sold them to B at 2p per tin. B then sold them in smaller quantities (whole boxes only) to C at the equivalent of 3p per tin. C then opened up the boxes and sold single tins from their stalls at 4p per single tin.

Within a week, A was inundated with calls from C whose customers were complaining the sardines were off. A's reply to the C was "The sardines are for buying and selling, not for eating!"


(Source: Andrew Perloff, Panther Securities plc
My editing)

Return to “Laughing Lemons”

Who is online

Users browsing this forum: No registered users and 5 guests